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Alphabet joins the $1T club, is $2T far away?

Google's value is greater than the GDP of the Netherlands, the world's 17th largest economy.

Google’s parent Alphabet joined the trillion dollar valuation club last week, the fourth U.S. company to break through that number joining  Apple, Microsoft and Amazon.

 Apple became the inaugural $1 trillion tech sector member in August 2018, followed in Microsoft logoSeptember 2018, by Amazon.  However Amazon has since lost some of its value because of investments in 1-day and grocery delivery and content for its streaming platform Amazon Prime Video.  Its market capitalization stood at around US $945 billion this week.

Alphabet’s ascent has been fueled by strong expectations for its advertising sales, a series of acquisitions including YouTube and expansion into fledgling markets such as cloud computing and self-driving cars.

The London Guardian noted that $2 trillion valuations may not be that far away.  As it is, Alphabet’s value is greater than the entire economic output (GDP) of the Netherlands, the world’s 17th largest economy.

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